Job prospects Collections Department Manager in the Northeast Region

Explore current and future job prospects for people working as "Financial managers" in the Northeast Region or across Canada.

Current and future job prospects

These outlooks were updated on November 29, 2023.

Recent trends from the past 3 years

Labour shortage

Over the past few years (2021-2023), there was a labour shortage for Financial managers in the Northeast Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Assessment Methodology

Job outlook over the next 3 years

Good

The employment outlook will be good for Financial managers (NOC 10010) in the Northeast region for the 2023-2025 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a few new positions.
  • Several positions will become available due to retirements.

Here are some key facts about Financial managers in the Northeast region:

  • Approximately 750 people worked in this occupation in May 2021.
  • Financial managers mainly work in the following sectors:
    • Local, municipal, regional, aboriginal and other public administration (NAICS 913-919): 18%
    • Retail Trade (NAICS 44-45): 14%
    • Nursing and residential care facilities and social assistance (NAICS 623-624): 9%
    • Professional, scientific and technical services (NAICS 54): 8%
    • Finance, insurance and Real estate and rental and leasing (NAICS 52-53): 8%

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Find out what will be the job prospects for Financial managers across Canada over the next 10 years, from 2022 to 2031.

Learn more

Labour Market Information Survey
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